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An expiring Intel (INTC) royalty payment will deliver a 20-cent blow to chipmaker Nvidia ‘s (NVDA) 2017 earnings per share, a Needham analyst predicted in a recent report. Nvidia stock is “played out,” analyst Rajvindra Gill wrote. “We upgraded Nvidia to buy in the first week of August 2014,” he wrote. “Nvidia has transformed itself into a platform business and ceased investing in the modem/application processor market, a wise decision.” Since Scalper1 News
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